Dogecoin (DOGE), the world’s largest meme coin, has been facing some trouble over the past week. This is because the Dogecoin price dropped by more than 2.5%. After this latest weekly correction, the DOGE value today is $0.157. Though the numbers don’t look very promising now, a few of the recent analyses suggest that the Dogecoin price could go above $1 and even reach $2 sooner than expected.
While that happens going forward, it’s also important to take a closer look at Dogecoin’s current state to assess its short-term price targets. As the market condition somewhat stabilizes, DOGE might be preparing to hit a critical resistance in the coming days.
When will Dogecoin price hit $2?
Investors might have a happy ending of this year as the chances of Dogecoin price surging to 2 are high. This possibility was highlighted by a popular crypto analyst. Surf recently posted this analysis in which the Trend-Based Fib Time indicator was utilized. If history repeats itself and the Dog
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